Thursday, January 26, 2012

Iran-China trade soars to top $45 billion

In physics, you learn nature abhors a vacuum. The United States and EU plan to levy economic sanctions against Iran means others could seize the opportunity to establish trade relations. Below is a link to an article on Crethi Plethi discussing the Chinese approach to a Iran's nuclear program. Instead of isolating Iran, China's approach is sort of trade for good behavior. That and the fact China's expanding economy needs oil and having Iran as an ally is important to their continued economic expansion. Sure, China's approach is self-serving but it has less chance of inciting a war compared to the West's. The recent take down of Somali pirates has to have been in part a message to Iran that President Obama won't back down. The gamesmanship is disconcerting. A nuclear armed Iran is being portrayed as equivalent of Armageddon. North Korea has had nuclear weapons for decades but the Korean peninsula remains intact. Pakistan, an alleged ally, has nuclear weapons primarily as a counter to India's nuclear weapons. The history between these two nations could have resulted in nuclear war but even with the Taliban, both sides have remained calm (at least from a nuclear standpoint). Given these examples, there is little evidence Iran would launch a first strike even with Ahmadinejad at the helm.


Crethi Plethi

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